Bienestar Y Paz En Dios 2 Group
Ana makes her home in a simple structure with her husband and their five children. She tells us that her most difficult challenge has been raising her children. She enjoys attending church.
Ana has been selling vegetables and clothes for about six years. She started the business selling just vegetables. Now, about five years after receiving her first loan from Esperanza Internacional, she is receiving her eighth, which she will invest to buy vegetables and various jeans, skirts, blouses and shirts.
Ana will use the profits to save for her family’s future. She thanks all of you for your support.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid